Harare, (New Ziana) – Hotel chain, African Sun saw its occupancy slump 26 percentage points to 14 percent in the first quarter of 2021 as the Covid-19 pandemic hit hard on tourism. During the same period last year, before the onset of the killer virus, the chain recorded 40 percent occupancy. The low occupancy resulted […]
Harare (New Ziana) – Small to medium grain millers have petitioned the government to relax payment terms for monthly grain allocations from the Grain Marketing Board (GMB). This is contained in a May 11 letter by Small to Medium Millers Association of Zimbabwe chairman Davis Muhambi to the Ministries of Lands, Agriculture, Fisheries, Water and […]
Harare, May 11, 2021 (New Ziana) – Chinese firm, Tsingshan Consolidated Mining has completed the setting up of two high carbon ferrochrome furnaces and a coke battery plant in Selous and Hwange, a cabinet minister said on Tuesday. Tsingshan, parent company to its Zimbabwean subsidiary, Afrochine and has been operating in the country for 10 […]
Harare, (New Ziana) – Exporters are set to retain more of their foreign currency earnings and new businesses will get tax breaks under a new scheme aimed at stimulating production and investments across the economy, Finance and Economic Development Minister, Mthuli Ncube has said. Under the new incremental export incentive initiative, ordinary exporters and gold […]